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U.S. Treasury Secretary Jacob Lew pressed Chinese leaders to suspend proposed curbs on foreign security technology and said a Beijing-led regional bank should work in partnership with existing institutions. The United States and Europe say Beijing is improperly blocking market access with the curbs in proposed anti-terrorism and banking security measures. The measures have prompted an unusually high-level response, with U.S. Secretary of State John Kerry and other Cabinet officials writing to Beijing opposing them. "It would be a significant barrier to U.S. companies doing business in China," Lew said Monday after meeting with the country's No. 2 leader, Premier Li...

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U.S. Treasury Secretary Jacob Lew pressed Chinese leaders to suspend proposed curbs on foreign security technology and said a Beijing-led regional bank should work in partnership with existing institutions. The United States and Europe say Beijing is...

BEIJING China scored a geopolitical twofer this month with its Asian Infrastructure Investment Bank. First, it stunned the White House by successfully persuading Great Britain and other U.S. allies in Europe to join the bank, which will boost...

WASHINGTON President Barack Obama is reviewing his schedule for withdrawing U.S. forces from Afghanistan and may have some decisions to present to Afghanistan President Ashraf Ghani during their meeting next week, officials said. Obama and Ghani...

After a year with no cap on government borrowing, the federal debt limit has come back into force. The new limit — $18.133 trillion to be exact — was announced by the Treasury Department on Tuesday. Treasury said the government's total borrowing stands...

Treasury Secretary Jacob Lew is telling Congress the steps he will be taking once the federal government hits the debt limit on Monday. Lew took the first step Friday by suspending issuance of special Treasury securities that are used by state and local...

President Barack Obama slapped sanctions on seven Venezuelan officials Monday, accusing them of perpetrating human rights violations and public corruption in the socialist-governed South American nation. The individuals all come from the top echelon of...

Workers faced with forfeiting unused money in their flexible spending accounts for healthcare expenses may be getting some relief under a new federal rule.
The U.S. Treasury Department and Internal Revenue Service changed the use-it-or-lose-it rule for...

WASHINGTON - The U.S. House of Representatives approved legislation Tuesday to extend the nation’s borrowing capacity for another year, all but ensuring that Congress’ recent fiscal cease-fire extends through the summer.
Republican leaders brought the...